PPP Loan information for Shields motor company, inc

$202,200

Shields motor company, inc was initially approved for PPP Loan of amount $202,200, the current approved amount is $202,200. The loan was approved on 04/03/2020 by The Community National Bank & Trust reported 22 jobs and $202,200 was used to fund payroll.

Shields motor company, inc is Existing or more than 2 years old

SHIELDS MOTOR COMPANY, INC

Date Approved

04/03/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

SHIELDS MOTOR COMPANY, INC

Borrower Address

814 W CHERRY ST

Borrower City

CHANUTE

Borrower State

KS

Borrower Zip

66720-1585

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202200.00

Current Approval Amount

202200.00

Undisbursed Amount

0.00

Franchise Name

Chrysler - Sales and Service Agreement

Servicing Lender Location Id

111871

Servicing Lender Name

Community National Bank & Trust

Servicing Lender Address

14 N Lincoln

Servicing Lender City

CHANUTE

Servicing Lender State

KS

Servicing Lender Zip

66720-1833

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANUTE

Project County Name

NEOSHO

Project State

KS

Project Zip

66720-1585

CD

KS-02

Jobs Reported

22

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10110.00

Payroll Proceed

161760.00

Mortgage Interest Proceed

20220.00

Rent Proceed

10110.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

111871

Originating Lender

Community National Bank & Trust

Originating Lender City

CHANUTE

Originating Lender State

KS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

203778.28

Forgiveness Date

01/20/2021

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